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Corpus Christi Woodlawn Retail Portfolio

5 Properties in Corpus Christi, TX

Investment Highlights

  • 1215 S Staples St is a 0.15 acre parcel located on Leopard St.
  • 514 N Port Ave is a 0.56 acre parcel located on Leopard St.
  • Retail centers with vacant land parcels rarely come to market in Corpus Christi.
  • 1217 S Staples St is a 0.15 acre parcel located on Leopard St.
  • 3645 Up-River is a 0.95 acre parcel immediately adjacent to the Woodlawn Retail Center.
  • A Retail Center totaling 80,300 SF and 4 vacant land parcels offer a diverse group of properties located in mature locations.

Executive Summary

PORTFOLIO SALE ONLY
Transwestern and The Gaines Organization, Inc. have been exclusively retained to offer qualified investors the opportunity to acquire Woodlawn Retail Center. In addition to the center, the offering also includes an adjoining vacant parcel and three vacant land parcels in the area.
This is a unique and rare opportunity as ownership has held these assets long term and recently made the decision to sell. Woodlawn Retail Center consists of two buildings located at 3719-3791 Leopard St in Corpus Christi. The property was developed in 1966 and has been renovated several times since. The two buildings are 73,000 SF and 7,300 SF and are well positioned on the site to provide maximum visibility and accessibility for tenants.
Woodlawn
The property is currently approximately 27% leased thereby providing an excellent opportunity for value creation through lease up or redevelopment. The estimated Net Operating Income is approximately $175,000. The site on which the property is located is approximately 8.69 acres. In addition, there is an adjoining 0.95 acre parcel as part of the offering, thereby providing a total site potential of 9.64 acres. For buyers interested in redevelopment of the property, this property provides a unique opportunity to develop a mature infill location with a variety of commercial uses.
Additional Land Sites - In addition to Woodlawn Retail Center, the seller is offering four separate parcels for potential development or re-sale.

Attachments

OM Woodlawn

Property Facts

Sale Type Investment NNN
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 94,600 SF
Total Land Area 10.50 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3719-3755 Leopard St, Corpus Christi, TX 78408 Retail 94,600 SF 1966 -
1215 Staples Street, Corpus Christi, TX 78404 Land 0.15 AC - -
1217 Staples st, Corpus Christi, TX 78404 Land 0.15 AC - -
3645 Up River rd, Corpus Christi, TX 78408 Land 0.95 AC - -
514 N Port Ave, Corpus Christi, TX 78408 Land 0.56 AC - -
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  • Listing ID: 30834754

  • Date on Market: 31/01/2024

  • Last Updated:

  • Address: Corpus Christi Woodlawn Retail Portfolio, Corpus Christi, TX

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